NOT LISTED FOR SALE

1575 E 8th St Loveland, CO 80537

Estimated Value: $510,456 - $646,000

6 Beds
3 Baths
2,496 Sq Ft
$228/Sq Ft Est. Value

Last Sold April 28, 2022

Last sale price $535,000 $214 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $3,149/month

4 Days on Market

Highlights

  • No HOA
  • Baseboard Heating
  • 1-Story Property

About This Home

As of April 2022

Great investment opportunity right in the heart of Loveland. This triplex features two bedroom and one bath units. One unit has recently been remodeled with fresh paint throughout, brand new flooring, fixtures, and appliances. All units have washer and dryer hookups and some updates. Additional triplex listed for sale, front facing from property at 1563-1571 8th Street. Showings begin 3/19.

Last Agent to Sell the Property

Christina Wilson

RE/MAX Alliance-Loveland License #100045615 Listed on: 03/15/2022

RE/MAX Alliance-Loveland

Last Buyer's Agent

Non-IRES Agent

Non-IRES

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,578

Year Built

  • Built in 1972

Lot Details

  • 7,600

Home Design

  • Property Attached
  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 2,496 Sq Ft Home
  • 1-Story Property
  • Electric Oven or Range

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Schools

  • Winona Elementary School
  • Ball Middle School
  • Mountain View High School

Additional Features

  • 7,600 Sq Ft Lot
  • Baseboard Heating

Listing and Financial Details

  • Tenant pays for electricity, trash collection
  • Assessor Parcel Number R0342084

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • Water Add Subdivision

Building Details

  • Gross Income $47,628
  • Net Operating Income $40,990

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,578

Year Built

Built in 1972

Lot Details

7,600 Sq Ft Lot

Listing Details

  • Year Built: 1972
  • Property Sub Type: Attached Dwelling
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.17
  • Subdivision Name: Water Add
  • Architectural Style: Ranch
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: Yes
  • Building Stories: 1
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 2496
  • Special Features: None
  • Stories: 1

Interior Features

  • Possible Use: Multi-Family
  • Private Spa: No
  • Appliances: Electric Range/Oven, Refrigerator
  • Has Basement: None
  • Total Bedrooms: 6
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Waterfront: No
  • Construction Type: Wood/Frame
  • Property Condition: Not New, Previously Owned

Utilities

  • Electric: Electric, City of Lovelan
  • Heating: Baseboard
  • Utilities: Natural Gas Available, Electricity Available
  • Heating Yn: Yes
  • Water Source: City Water, City of Loveland
  • Gas Company: Natural Gas, Xcel Energy

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Elementary School: Winona,Monroe
  • HighSchool: Mountain View
  • Junior High Dist: Thompson R2-J
  • Middle Or Junior School: Ball (Conrad)

Lot Info

  • Zoning: R3E
  • Lot Size Sq Ft: 7600
  • Parcel #: R0342084
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Electricity, Trash Collection

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 2577.57

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 47628

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2022
Closed on
Apr 28, 2022
Sold by
Zink Lee J
Bought by
Casa 29S Llc
Seller's Agent
Christina Wilson
RE/MAX Alliance-Loveland
Buyer's Agent
Non-IRES Agent
Non-IRES
List Price
$535,000
Sold Price
$535,000
Current Estimated Value
$568,864

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,864
Avg. Annual Appreciation
1.60%

Purchase Details

Closed on
Dec 10, 2021
Sold by
1563 East 8Th Llc
Bought by
Topgun Investment Management L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$405,000
Interest Rate
3.09%
Mortgage Type
Construction

Purchase Details

Closed on
Jul 14, 2016
Sold by
Madding David
Bought by
1563 East 8Th Llc

Purchase Details

Closed on
May 15, 2007
Sold by
U S Bank Na
Bought by
Madding David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,500
Interest Rate
6.16%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 5, 2006
Sold by
Shaw Jesse
Bought by
Us Bank Na

Purchase Details

Closed on
Dec 30, 2005
Sold by
Vasquez Timothy and Hanft Amy
Bought by
Shaw Jesse

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
8.47%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jun 24, 2005
Sold by
Sprague Neil C and Sprague Neil
Bought by
Vasquez Timothy and Hanft Amy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,000
Interest Rate
5.67%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Feb 9, 2004
Sold by
Sprague Neil C and Sprague Arlis M
Bought by
Sprague Neil C

Purchase Details

Closed on
Oct 1, 1989
Bought by
Sprague Neil and Sprague Arlis M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Casa 29S Llc -- None Listed On Document
Zink Lee $35,000 First American Title
Topgun Investment Management L $405,000 First American Title
1563 East 8Th Llc -- None Available
Madding David $178,000 None Available
Us Bank Na -- None Available
Shaw Jesse $250,000 None Available
Vasquez Timothy -- Security Title
Sprague Neil C -- --
Sprague Neil $55,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Topgun Investment Management L $405,000
Previous Owner Madding David $133,500
Previous Owner Shaw Jesse $225,000
Previous Owner Vasquez Timothy $155,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/28/2022 07/28/22 Off Market $535,000 -- --
04/28/2022 04/28/22 Sold $535,000 0.0% $214 / Sq Ft
03/21/2022 03/21/22 For Sale $535,000 0.0% $214 / Sq Ft
03/21/2022 03/21/22 Off Market $535,000 -- --
03/18/2022 03/18/22 For Sale $535,000 0.0% $214 / Sq Ft
03/18/2022 03/18/22 Price Changed $535,000 -- $214 / Sq Ft
Source: IRES MLS

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,652 $34,275 $2,000 $32,275
2024 $2,558 $36,917 $2,144 $34,773
2022 $2,454 $30,845 $2,176 $28,669
2021 $2,578 $32,432 $2,288 $30,144
2020 $2,455 $30,881 $2,288 $28,593
2019 $2,414 $30,881 $2,288 $28,593
2018 $1,977 $24,019 $2,304 $21,715
2017 $1,702 $24,019 $2,304 $21,715
2016 $1,412 $19,255 $2,547 $16,708
2015 $1,401 $19,260 $2,550 $16,710
2014 $1,090 $14,500 $1,990 $12,510
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: IRES MLS

MLS Number: IRE961058

IRES MLS

APN: 85183-24-001

Your Personal Tour Guide

Ask me questions while you tour the home.